Effective capacity is expected to be _________ design capacity.
a. Equal to
b. Less than
c. More than
d. Cannot be determined from the information given
b. Less than
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Which of the following is relevant in determining whether an item is a necessary?
A. The fair market value of the item B. The contract price of the item C. Whether the item is provided by a commercial or noncommercial party D. The minor's age
Because Cindy's proposal is unsolicited, the __________ approach is the best choice because it gives her a chance to prove her points and gradually overcome audience reservations.
Fill in the blank(s) with the appropriate word(s).
Meenach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 80,000 direct labor-hours, total fixed manufacturing overhead cost of $160,000, and a variable manufacturing overhead rate of $2.30 per direct labor-hour. Recently Job X387 was completed and required 120 direct labor-hours.Required:Calculate the amount of overhead applied to Job X387.
What will be an ideal response?
The optimal EOQ occurs where annual ordering costs are equal to annual carrying costs
Indicate whether the statement is true or false.